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Barclays to leave UAE rate panel in 90 days – sources

Barclays, hit by the Libor scandal in Britain, will leave the rate-setting panel for interbank lending in the United Arab Emirates after a mandatory 90-day notice period, as the hunt begins for a replacement, industry sources said on Tuesday. The British-based lender had previously indicated to the UAE central bank…

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Click here to read the full story: Reuters

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